________ Is Conducted to Determine Whether a Proposed Business Has

question 51

Multiple Choice

________ is conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch its business.

• A) Industry/market feasibility analysis
• B) Institutional feasibility analysis
• C) Financial feasibility analysis
• D) Organizational feasibility analysis
• E) Product/service feasibility analysis

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Definitions:

Chi-square Technique

A statistical test used to determine the difference between observed results and expected results in categorical datasets.

Qualitative Variables

Variables that express categorical properties or qualities such as gender, nationality, or brand preference, and are not numerical.

Independence

A statistical condition where two events or variables have no association or influence on each other; their occurrence is unrelated.

Level of Significance

A threshold in hypothesis testing that determines whether a result is statistically significant.